1175 Maplecrest DrMarionIA52302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Marion at 1175 Maplecrest Dr, Marion, IA, 52302 priced at $129,990 converts $1,500/mo rent into $618/mo cash flow after a $636/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $7,420/yr on $43,092 invested. Return on cash invested prints 37.13% in year one, and rental yield reads 13.85% against a $129,990 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,914 by year five. Five-year ROI reaches 196.02% and total cumulative return in cash sums $84,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,354 (100%) |
| Owner Occupied HU | 13,855 (71.6%) |
| Renter Occupied HU | 4,305 (22.2%) |
| Vacant Housing Units | 1,194 ( 6.2%) |
| Median Home Value | $271,020 |
| Average Home Value | $305,012 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Pate, III • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407104
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.